Cefla’s 2025 financial statements approved with results confirming the Group’s solidity and drive for innovation
At the Shareholders’ Meeting held on May 22, the Cefla Group approved its Consolidated Financial Statements as of 31 December 2025. The financial year’s figures are evidence of a solid industrial structure and ability to create value – countering the complexities of an unstable global economic scenario.
Revenues stood at 663 million euro, only slightly down from the previous year (-0.6%). Despite the slight shrinking in operating volumes, Cefla achieved the highest net profit in its history, equal to 70.6 million euro (+1.5% – up from 69.5 million in 2024). This brilliant performance was driven by far-sighted financial management, with a net balance of income and expenses equal to €21.1 million, which largely offset the tax burden.
This excellent financial profile is confirmed by two key indicators: Net Equity rose to €825 million (+38% over 2024) and the Net Financial Position reached an all-time high, closing with a positive balance of €157 million (+39%) to reflect a solid liquidity generation momentum.
Innovation and diversification in the performance of the Business Units
Results continuity is based on a precise strategy of industrial investments and technological development – an area to which the Group has allocated 14 million euro during 2025.
- Engineering B.U.: This Business Unit reached a major technological turning point: for the first time, revenues from Fuel Cells (the zero-emission “NOVA by Cefla” line) exceeded those from traditional systems. On the infrastructure front, the B.U. stood out for having been awarded a €64 million contract for Acquedotto Pugliese in the field of Smart Water Management.
- Medical Equipment B.U.: This Business Unit retained its profitability margin, bringing operating EBITDA to €73.6 million, despite the general market slowdown. Its strategy focussed on exports and the renewal of the product portfolio, driven by the launch of new X-ray systems and the Neowise software platform, integrated with artificial intelligence capabilities.
- Finishing B.U.: In a shrinking global capital goods market, this B.U. responded by focussing on digital printing, surface finishing and smart manufacturing. The range of low environmental impact technologies – such as the (mercury-free) UVR LED platform – was also expanded
- C-LED: The subsidiary operating in the Lighting sector sealed the year with a record growth of 48%, reaching a turnover of 6.8 million euro thanks to its positioning in the indoor agriculture and optical sorting solutions market.
A long-term vision
“Our 2025 result is tangible proof of our ability to create value over time,” said Gianmaria Balducci, President of Cefla. “The strengthening of our equity to €825 million is a solid foundation allowing us to look to the future with the independence needed to invest in people and innovation, ensuring continuity of our industrial mutualism history.”
CEO Paolo Bussolari pointed out how the Group’s diversification strategy has paid off: “In a challenging year, we have chosen to champion innovation. Our growth in net profit terms and our leadership in zero-emission technologies confirm that digitalisation and sustainability are the right drivers for seizing the opportunities of an evolving market.”